With AMD becoming profitable again, and with its current struggles to get its price above $5 / share, it would be beneficial to sell the company to the likes of CRUS or NVDA.
AMD has a strong presence in Austin, TX and California, and both companies could benefit from a stronger diversity in their product offerings.
CRUS would be the best candidate for a buyout but would have to involve a purchase using stock, while NVDA would be able to buy the company rather easily with its current revenue stream using cash, stock, or a combination of the two.
Today's action is way oversold, and I am sure the current price is very attractive to potential buyers.
No one even showed a hint of interest in AMD when it was at $1.81, with half the debt, twice the cash, 33% higher margins and 10% greater market share.
AMD's x86 business belongs to Intel. AMD is allowed to make x86 processors only because Intel permits them to do so. The permission, called a license, terminates automatically if AMD tries to transfer the license to a buyer. That's a fact and is related in the FTC consent decree from 2009 which you can read on the FTC website.
AMD's non-x86 assets are worthless. It lost market share again to nVidia in GPUs and its ARM server chips will be four times slower and consume four times more power than Intel's low power server chips when AMD's ARM chip finally ships.
Get out now. You won't have another chance to sell above 3 ever before this company goes belly up. Mismanagement is the culprit leading to AMD's demise.
the one thing that MMs and shorts cant control, is a company that wants to buy AMD, this why they get all crazy every time we mention this real possibility. Now Samsung may be interested along with Mr. T